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First BOT

Topic: First BOT

Im trying to create a Bot. Suggestions?

I know that Importantly, before creating an EA, you need to chose which currency pair or instrument you want to use and then set some basic trading strategy parameters like “stop loss” and “take profit”. Then, if you are creating your robot manually you’ll need to have clear logical trading rules in place for entry and exit.

Re: First BOT

While a trader is trying to workwith EA trading he has two choices, one pre specified EA program provided with various trading tools and techniques, that is offered by the professional forex broker or you can design your own trading platform using your customized indicators, charts and graphs, etc. So if you are confident enough to design your own EA trading then you can go for manual trading but you should know it whether the customized EA trading is capable enough to work efficiently or not.

Re: First BOT

There are many automatic trading robots in forex market. Manytraders use robot and making money. But a good robot is essential. I always test robot first in demo account. Now I am trading with CapitalsTrade. it is a regulated and licensedbroker in Vanuatu. It is providing me low tight spreads, high leverage up to 1:500, low transaction cost, various payment methods, mt4 trading platform and many more.

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